-
Environment
Shipping officially submits its $5bn decarbonisation ‘moonshot’ proposal to the IMO
A number of countries are backing the shipping industry’s call for a $5bn R&D fund to help decarbonise the sector…
Read More » -
Containers
Maersk distances itself from reefer manufacturing unit sell-off speculation
A.P. Moller-Maersk is being tipped by Bloomberg as readying its reefer manufacturing unit for sale with a $1bn price tag…
Read More » -
Operations
Shipping and the pandemic, one year on
Shipping’s resilience has been tested and showcased like never before in the year since coronavirus was declared a pandemic. It…
Read More » -
Ports and Logistics
DP World reenters Indonesia with planned 3m teu facility in Surabaya
Dubai-headquartered terminal operator DP World is reentering Indonesia in partnership with Canadian pension fund, Caisse de dépôt et placement du…
Read More » -
Operations
British Virgin Islands registry targets merchant shipping as new avenue of business
The British Virgin Islands is making plans to get its shipping register more focused on the merchant fleet. The Virgin…
Read More » -
Europe
TECO 2030 plans hydrogen-based fuel cell factory in Norway
Norway’s TECO 2030 has detailed plans to establish Norway’s first large-scale production of hydrogen-based fuel cells in Narvik in northern…
Read More » -
Containers
American port congestion shows no sign of easing
There’s no let up in the port congestion plaguing American gateway ports. Changed buying patterns brought about by the pandemic…
Read More » -
Dry Cargo
Kamsarmax fleet surpasses 100m dwt capacity, stretches away from panamax forebears
The kamsarmax fleet has hit the 100m dwt milestone, according to new data from Braemar ACM, with a strong start…
Read More » -
Shipyards
Chinese repair yards slash prices to keep busy
After a stunning few years installing scrubbers and ballast water treatment systems, Chinese ship repair yards, who dominate the sector,…
Read More » -
Asia
Seven Islands Shipping eyes gas carrier and boxship entries
Fast-growing Seven Islands Shipping (SISL) is looking to diversify from its tanker origins into gas carriers and boxships. The Indian…
Read More » -
Bunkering
Monjasa boosts bunkering possibilities in Panama
Time out for bunkering around the Panama Canal has been cut with the arrival of a large bunkering vessel. Fuel…
Read More » -
Gas
Evalend adds two more LPG carriers at Hyundai Mipo
Greece’s Evalend Shipping has declared options for two midsize LPG carriers at Hyundai Mipo. This follows an original order for…
Read More » -
Greater China
China looks at adding shipping to the world’s largest emissions trading scheme
The world’s largest emissions trading scheme (ETS) kicked off last month, and shipping has been warned today it could be…
Read More » -
Environment
Shipping’s Paris path detailed in new zero emission fuels study
At what degree of adoption do zero emission fuels become commercially viable for international shipping? Important analysis released today by…
Read More » -
Environment
Stena Bulk unveils hybrid zero-emissions concept design
A Swedish shipowner with a history of launching groundbreaking new ships has given the world a futuristic, eye-catching, hybrid bulk…
Read More » -
Environment
K Line creates carbon neutral division
Japanese shipping major Kawasaki Kisen Kaisha (K Line) is sharpening its focus on developing green solutions for its operations. K…
Read More » -
Gas
Leif Höegh bids to take Höegh LNG private in partnership with Morgan Stanley
Shipping’s trend towards delisting is picking up pace. Norwegian shipowner Leif Höegh revealed today it has teamed with Morgan Stanley…
Read More » -
Operations
Clarksons predicts seaborne trade volumes will surpass 2019 levels this year
While conceding that major uncertainties remain, Clarkson Research Services is projecting global seaborne trade estimates for full year 2021 will…
Read More » -
Containers
Boxship ordering accelerates
A total of 147 boxships have been ordered since the start of October 2020, compared to just 40 in the…
Read More » -
Environment
Unilever develops Virtual Ocean Control Tower on path to net zero emissions
Unilever, one of the world’s largest consumer goods companies, is coming good on its pledge last year to reach net…
Read More »